5750 sqft
Radiant Heat
$1,599,000
This Rare Mixed-Use, Multi-Unit Property At 1123 Main St East Offers An Exceptional Investment Opportunity In One Of Hamilton's Busiest Areas. Featuring Four Residential Units (Two 2-Bedroom And Two 3-Bedroom), Alongside A Long-Standing Retail Tenant, This Fully Tenanted Building Promises A Strong And Stable Income Stream. Recent Upgrades And Meticulous Maintenance Make This A Low-Hassle Investment, While Its Proximity To McMaster University And Mohawk College Ensures Steady Demand From A Wide Tenant Pool. With A Cap Rate Nearing 8%, This Property Stands Out As A High-Yield Asset, With Significant Potential To Increase Income By Adding More Units Or Enhancing Existing Spaces. This Is An Unparalleled Opportunity To Secure A Property That Combines Immediate Income Potential With Room For Long-Term Growth. (id:50976)
Business
|
Business Type
|
Residential |
|
Business Sub Type
|
Apartments |
Property Details
|
MLS® Number
|
X9511806 |
|
Property Type
|
Multi-family |
|
Community Name
|
Crown Point |
|
Amenities Near By
|
Public Transit |
Building
|
Heating Type
|
Radiant Heat |
|
Size Interior
|
5750 Sqft |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Size Depth
|
101 Ft ,6 In |
|
Size Frontage
|
36 Ft |
|
Size Irregular
|
36 X 101.5 Ft |
|
Size Total Text
|
36 X 101.5 Ft |
|
Zoning Description
|
H-toc1 |
https://www.realtor.ca/real-estate/27583460/1123-main-street-e-hamilton-crown-point-crown-point
